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2021 State Business Tax Climate Index

Explore Our Interactive Map Tool Table of Contents Executive Summary The Tax Foundation’s State Business Tax Climate Index enables business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems compare. While there are many ways to show how much is collected in taxes by state governments, the Index is designed to show […]

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International Tax Competitiveness Index 2020

Launch Interactive Tool Note: Each year we review and improve the methodology of the Index. For that reason, prior editions are not comparable to the results in this 2020 edition. All data and methodological notes are accessible in our GitHub repository. Introduction The structure of a country’s tax code is an important determinant of its economic […]

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Split Roll Initiative in California Threatens Property Tax Limitations on Commercial Real Estate

Key Findings: California has one of the nation’s least business-friendly tax environments, ranking 48th on the Tax Foundation’s State Business Tax Climate Index, which measures tax structure. However, the state’s property tax code is a relative bright spot, with the state ranking 14th on that component of the Index. If approved by California voters on […]

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New Census Data Shows States Beat Revenue Expectations in FY 2020

Key Findings State tax collections declined 5.5 percent in FY 2020 according to new Census data, though actual losses are likely to be significantly lower after accounting for the shifting of income tax collections into the current fiscal year due to delayed tax filing deadlines. After a sharp initial drop under stay-at-home orders, sales tax […]

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More Countries Target the Property Tax

A recent report from the Organisation for Economic Co-operation and Development (OECD) on tax reforms during the past year reveals a tendency towards higher property taxes, often in the form of base broadening, tax rate increases, or both. Even though countries have increasingly targeted property taxes as a source of revenue, on average, they still […]

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Real Property Taxes in Europe

Early property taxes, which were first implemented in feudal times, were levied primarily against land. Hence, property tax was paid mostly by those that worked as farmers. In modern times, property tax is also levied against assets like real estate. The tax is paid on a recurrent basis on property owned by individuals or legal […]

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What Can Connecticut Learn from its Neighbors About Property Tax Limitations?

Key Findings Connecticut’s property tax burdens are rising rapidly, with the state’s effective property tax rates on owner-occupied housing now among the highest in the country at 1.7 percent of housing value. Property tax burdens in Connecticut continue to increase even as property values decline, whereas other states—including neighboring Massachusetts and New York—have managed to […]